Feature
October 30, 2023
As Congress considers reforms, sites may need to take action now to limit the financial strain.
As a site owner or manager, you understand the severe financial consequences that can result from things beyond your control, such as a loss due to fire, flood, weather, or other causes. In...
Compliance
October 30, 2023
HUD recently issued Notice H2023-10 that provides guidance to multifamily housing owners regarding the implementation of the many program changes brought about by the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The recent notice makes implementation changes for sections 102 and...
Income Calculations
October 30, 2023
The upcoming increase is below adjustments for the previous two years.
In the News
October 30, 2023
HUD recently announced settlements with housing providers in Nevada and California, resolving allegations that they denied housing opportunities to two women because they experienced dating violence and stalking.
Feature
September 29, 2023
We’ll explain how to treat real estate when calculating a household’s income and assets.
The regulations for the tax credit program require site owners to use the rules found in HUD Handbook 4350.3 to calculate the annual income of applicants and residents. During the...
Maintenance
September 29, 2023
Hiring the wrong remediator can make the problem worse—and more costly.
Compliance
September 29, 2023
The case shows how mishandling situations involving assistance animals could cost you.
HUD recently charged an owner with violating the Fair Housing Act by refusing a resident’s request for a disability-related reasonable accommodation to keep an assistance animal and by subjecting the...
In the News
September 29, 2023
A group of mayors, county executives, and county board chairs representing communities across the country recently signed onto a letter urging Congress to enact the Affordable Housing Credit Improvement Act (AHCIA) of 2023, S. 1557 and H.R. 3238, which would strengthen and expand the Low-Income...
In the News
September 29, 2023
In the Sept. 21 issue of the Federal Register, HUD published its annual notice designating the 2024 Qualified Census Tracts (QCTs) and Difficult Development Areas (DDAs) for the LIHTC program. HUD is required to designate these areas under Internal Revenue Code Section 42. Both QCTs and DDAs are...
Feature
August 31, 2023
An income discrepancy could trigger the NAU rule and jeopardize your site’s tax credits.
